Ether / USD may rise to 2526 - 2553

Our pivot point stands at 2433.

Our preference

As long as 2433 is support look for 2553.

Alternative scenario

The downside breakout of 2433 would call for 2386 and 2358.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2465 and 2453).

Supports and resistances

2609 **

2581 *

2553 **

2526

2469 last

2451

2433 **

2386 *

2358 **

Number of asterisks represents the strength of support and resistance levels.